DUBAI, Sept 29 (Reuters): The closing ceremony of the men's Asia Cup descended into farce on Sunday as the Indian cricket team refused to collect the winners' trophy from Asian Cricket Council (ACC) chief Mohsin Naqvi, as politics continued to...
HAMBURG, Sept 29 (Arab News): Pakistan's state agency the Trading Corporation of Pakistan (TCP) issued a tender to purchase 100,000 metric tons of white refined sugar and is believed to have bought 80,000 tons in a tender that closed last...
WASHINGTON, Sept 29 (Reuters): The US Department of the Interior on Monday said it would open 13.1 million acres (53,013.8 square kilometers) of federal land for coal leasing, as the Trump administration seeks to reverse the decline of the fuel's...
KUALA LUMPUR, Sept 29 (Reuters): Malaysia is planning a revamp of its steel industry that aims to manage overcapacity, restructure licensing and prepare for decarbonisation with a goal of achieving a "fully green" sector by 2050, trade minister Tengku Zafrul...
Uttara Bank PLC held the 'Business Development Conference-2025' at a city hotel on Saturday. Azharul Islam, Chairman of the Board of Directors of the bank, was present as the chief guest. The conference was presided over by Md. Abul Hashem,...
An agreement was signed between Bangladesh Bank's Credit Guarantee Department (CGD) and United Finance PLC under the Credit Guarantee Scheme (CGS) Facility for Term Loans amounting to Tk 250 billion, marking a significant step toward expanding access to finance for...
Gold prices surged past $3,800 an ounce for the first time on Monday, setting a new record as investors flocked to the safe-haven asset on US rate cut expectations, fears of a potential government shutdown and escalating geopolitical tensions, reports...
Meena Bazar has signed a landmark MoU with the FoodTechBangladesh (FTB) project to revolutionise Bangladesh's aquaculture supply chain, becoming the first forward-linkage partner to source fish produced through safe, sustainable, and environmentally responsible farming. Supported by the Government of the...
LONDON, Sept 29 (Reuters): Oil prices fell by nearly 2 per cent on Monday as OPEC+ plans for another increase to oil output in November and the resumption of oil exports by Iraq's Kurdistan region via Turkey raised the global...
Sonali Bank PLC signed a tri-party Memorandum of Understanding (MoU) with Law and Justice Division and Bangladesh Supreme Court to collect all types of fees and charges, through the Sonali Payment Gateway. Secretary of Law and Justice Division Md. Liakat...
Bangladeshi expatriates living abroad can now send remittances to the bKash accounts of the family members through money exchange houses partnered with Rupali Bank PLC. Managing Director of Rupali Bank Kazi Md. Wahidul Islam inaugurated this service at the bank's...
Trust Bank PLC has opened its new Gulshan North Branch at Doreen Tower, Gulshan-2, Dhaka, further expanding its network to provide modern and technology-driven banking solutions. The branch was inaugurated by Major General Md. Hakimuzzaman, Vice Chairman of the bank...
STOCKHOLM, Sept 29 (Reuters): Fashion retailer H&M is seeking to expand in emerging markets such as Brazil and India, its CEO said, as consumer spending weakens in Europe, its core region, and US tariffs weigh on demand in its second-largest...
SAIF UDDIN | 2025-09-30 00:00:00
Bangladesh's steelmakers face a short-term setback as a domino effect of a sluggish growth in the national economy and a draught in investment. The steel industry is passing through a gamut of adversities like higher operational costs, weak demand and...
FE REPORT | 2025-09-30 00:00:00
The government has approved a licence for a new trade body named "Saudi Arabia-Bangladesh Chamber of Commerce & Industry" which is expected to further strengthen the bilateral ties between the two nations.The commerce ministry recently issued a notification in this...
FE REPORT | 2025-09-30 00:00:00
Limited access to finance, inadequate infrastructure, shortage of skilled manpower, insufficient policy support coupled with stringent conditions are the main bottlenecks to utilise the full potential of Bangladesh's Cottage, Micro, Small and Medium Enterprises (CMSME), said speakers at a programme...
BRASILIA, Sept 29 (Reuters): Outstanding bank lending in Brazil continued to lose momentum in August, central bank data showed on Monday, as high interest rates helped cool activity in Latin America's largest economy.Credit growth over the past 12 months slowed...
BERLIN, Sept 29 (Reuters): Germany expects the United States to apply a 15 per cent tariff rate to pharmaceuticals and heavy trucks, a government spokesperson said during a regular press conference on Monday.US President Donald Trump unveiled sweeping new import...
AstraZeneca laid out plans on Monday to directly list its shares in the United States, as the drugmaker seeks to maximise gains from its biggest market and investor pool, even as it said that it was not exiting London, reports...
ROME, Sept 29 (Reuters): Italy's tax take is rising faster than expected thanks to job growth and inflation, putting the budget deficit on track to dip below the European Union ceiling of 3 per cent of gross domestic product in...
The 89th meeting of Shari'ah Supervisory Committee of Shahjalal Islami Bank PLC (SJIBPLC) was held at the Corporate Head Office of the bank recently. The Chairman of the committee Hazrat Maulana Mufti Shahed Rahmani presided over the meeting. The meeting...
The newly elected Executive Committee members of Bangladesh Leasing and Finance Companies Association (BLFCA) led by its Chairman M Jamal Uddin, Vice Chairman Kanti Kumar Saha and Vice Chairman Kyser Hamid met with Bangladesh Bank Governor Dr. Ahsan H. Mansur...
BRAC Bank held Agent Meet 2025 for the Nilphamari Region in Thakurgaon recently, aimed at strengthening field-level engagement and accelerating financial inclusion. Md Iqbal Mohasin, Director of the Financial Inclusion Department (FID), Bangladesh Bank; Pinaki Ranjan Sarker, Joint Director, FID,...
Modhumoti Bank successfully organised a workshop on "Prevention of Trade-Based Money Laundering (TBML) & Credit-Backed Money Laundering (CBML)" on Saturday at the bank's Learning & Development Center (Explore) in PragatiSarani. Md. Shafiul Azam, managing director & CEO of Modhumoti Bank,...
Prime Bank recently organised a day-long training programme on how to prevent money laundering and combat the financing of terrorism (CFT), in collaboration with the South Regional Office and Jashore branch. The programme was presided over by Md. Ziaur Rahman,...
ICB Asset Management and Ibn-Sina Trust recently signed a corporate health agreement. Under this agreement, officers and employees of ICB Asset Management and their family members will receive special healthcare facilities from The Ibn-Sina Trust. The signing ceremony was attended...
Bangladesh Bank (BB) and Mercantile Bank kicked off a month-long entrepreneur development training programme in Narayanganj on Monday. The initiative is financed by the Asian Development Bank (ADB) and implemented by the Finance Division of Ministry of Finance under the...
LONDON, Sept 29 (Reuters): Global financial messaging network SWIFT and more than 30 global banks announced on Monday they were now working "at pace" on making cross-border payments instantaneous and on a system capable of handling the various new forms...
FE REPORT | 2025-09-30 00:00:00
Dulamia Cotton Spinning Mills has declared a 3 per cent cash dividend for general shareholders for FY25, its first payout in 16 years, despite the company remaining out of operation since 2018.It managed to declare profits after many years due...
MOHAMMAD MUFAZZAL | 2025-09-30 00:00:00
Unitholders of Asian Tiger Sandhani Life Growth Fund have yet to receive their dues, even six months after the fund's closure, with uncertainty deepening as the delay drags on.The trustee of the mutual fund said the payment could not be...
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